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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE NOVEMBER 28, 2023
Tuesday, November 28, 2023 | 08:39am
NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on November 27, 2023.
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News
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- COMMISSIONER GONZALES ANNOUNCES MAXIMUM EFFECTIVE RATE of INTEREST
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- Commissioner Gonzales Announces Non-Depository Financial Institution Annual Supervision Fee for Fiscal Year 2023-2024.
News
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE OCTOBER 24, 2023
Tuesday, October 24, 2023 | 09:09am
NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on October 23, 2023.
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